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The Department of Energy (DOE) of the Philippines has officially launched the Fifth Green Energy Auction (GEA-5), marking the country’s first auction dedicated solely to fixed-bottom offshore wind technology. The auction aims...
The Department of Energy (DOE) is poised to announce the winning bidders for the third round of the Green Energy Auction (GEA-3) as early as Monday next week, according to DOE Undersecretary...
ACEN, the Ayala Group’s listed energy platform, has signed definitive agreements with Copenhagen Infrastructure Partners’ (CIP) Growth Markets Fund II to acquire a 25% minority stake in CIP’s proposed offshore wind project...
By Patrick Tan, Head of Wider Asia, APAC at Aurora Energy Research Developers, lenders, and investors eyeing the Philippine solar and wind sectors face a growing array of route-to-market strategies, each with...
In a major stride for renewable energy development in the Philippines, Alternergy Holdings Corporation (ALTER) has secured a PHP 3.256 billion drawdown from Rizal Commercial Banking Corporation (RCBC) to advance construction of...
The Energy Regulatory Commission (ERC) has released draft reserve prices for the fourth round of the Green Energy Auction Program (GEAP), marking the first time that solar-plus-storage projects will be included. The...
Citicore Solar Pangasinan Inc. (CSPI) has submitted an application to the Energy Regulatory Commission (ERC) to develop a dedicated point-to-point transmission facility for its 90MW Sta. Barbara 1 Solar Power Project in...
Nexif Ratch Energy has reached a critical milestone in its pursuit of offshore wind development in the Philippines, securing the Pre-Development Environmental Compliance Certificate (Pre-Dev ECC) for its 500MW San Miguel Bay...
Offshore wind developers (OSW) warn that delaying the release of the Terms of Reference (TOR) for Green Energy Auction (GEA) 5 could hinder project planning and investment decisions. Industry leaders and developers...
The Department of Energy (DOE) has declared the third Green Energy Auction (GEA-3) a success, as bids from renewable energy developers exceeded 7,500 megawatts (MW)—far surpassing the 4,650 MW installation target. The...
